Montréal Exchange Announces Its Financial Results For The Year 2006 - Revenues increase 25% - Net earnings grow 64%

HIGHLIGHTS

NOTE: ALL DOLLAR AMOUNTS IN THIS NEWS RELEASE ARE STATED IN CANADIAN DOLLARS

Montréal Exchange Inc. (MX) announced today its financial results for the fourth quarter and the year ended December 31, 2006.

Total revenues increased 25% to reach $79.3 million in 2006 compared to the previous year. The company’s net earnings increased 64% to $24.8 million ($2.83 per share on a diluted basis), compared to $15.1 million ($1.74 per share on a diluted basis) in 2005.

A 41% increase in trading activity and disciplined execution of the MX business plan contributed to this strong performance in 2006.

As we announced in the early days of the year, trading activity on the Canadian financial derivatives market climbed to an exceptional level in 2006,” said Luc Bertrand, MX President and Chief Executive Officer. “The record 41% increase in our trading volume in 2006 and the financial results being published today, demonstrate once again that the Montréal Exchange provides investors with a world-class derivatives market. Our integrated business model produces solid business and financial results.”

“The Montréal Exchange is one of the rare exchanges in the world that integrates trading and clearing with complete control over its technology,” Mr. Bertrand added. “This integrated business model is a valuable asset for the Exchange. It helps management generate synergies and economies of scale that contribute to the Exchange’s efficiency and effectiveness, both in terms of financial performance and service offering.”

Financial results for the fourth quarter of 2006

Total revenues in the fourth quarter of 2006 reached $19.5 million, an increase of 18% from the same period of 2005. Net earnings were $7.5 million ($0.84 per share on a diluted basis) in the quarter compared to $2.5 million ($0.27 per share on a diluted basis) in the same period of 2005.